Address
4067 South Wheeler Road Pembroke Twp, IL
Price
$ 1,350,000
Property Attributes
  • MLS#10766933
  • TypeMulti-Family
  • CountyKANKAKEE
  • CityPembroke Twp
  • AreaPembroke Township
  • Zip60958
  • StyleElderly Housing
  • Year Built1990
  • Taxes22746
  • Price$ 1,350,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage40000
  • Lot Size5 Acres
Listing Provided Courtesy Of:
McColly Bennett Real Estate
Property Description

PEMBROKE TOWNSHIP - 40 SENIOR HOUSING COMPLEX - All under one roof, these 40 units are full and there is a waiting list of for residents. Listed at an 8 CAP equal to $33,750/unit. Currently owned with an assumable Rural Development Loan. 70% of rent collect with Gov. rental assistance. To maintain occupancy and rental assistance, certain guidelines apply for purchase structure. Property in "Good" condition. Management in place could possibly stay on after sale.

Price History
7/1/2020 Listed $1,350,000

General Features

Age 26-35 Years
Built Before 1978 No
Electric Expense 16099
Financing Options Negotiable
Multi-Family Type Corridor-Interior Entrance, Senior
Other Expenses 17971
Ownership Type Limited Partnership
Status Active
Tax Year 2019
Taxes 22746
Total Annual Income 280440
Total Units 40
Unincorporated (y/n) No
Year Built 1990
Zoning MULTI

Interior Features

Air Conditioning Wall Sleeve
Basement Description None
Board Number 21
Ranges 40
Refrigerators 40
Total Monthly Income 23370
Total Stories 1
Unit Type 1 Rooms 4

Exterior Features

Acreage 5
Alternate Phone Number (815) 549-4301
Building Area Total 40000
Foundation Details Concrete
Frontage/Access Public Road
Land Amenities Curbs and Gutters, Lighting/Exterior, Sidewalks
Lot Dimensions 300 X727
Lot Sq Ft 217800
Number of Parking Spaces 51

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60958

Price
AVG $1.35M
$1.35M
Taxes
AVG $22,746
$22,746
Visits
AVG 16
15
Year Built
AVG 1990
1990

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